Electronic Arts (EA) is in advanced talks to go private in a deal worth approximately $50 billion

Electronic Arts (EA) is in advanced talks to go private in a deal worth approximately $50 billion. Following the announcement, the video game publisher’s stock surged, surpassing 14% today, to a high of $197.33. A group of interested investors, including Saudi Arabia’s Public Investment Fund and Silver Lake, a private equity firm, is engaged in discussions with Electronic Arts. The deal may be confirmed to the public as early as next week.